Commercial truck insurance for 2023

Thanks to growing industries, commercial truck insurance has become more necessary now than ever. Companies use either a single truck or a fleet of trucks depending on what necessities they need to be met. Either way, they need to insure their trucks in case of any damage, which, for most times, is inevitable.

For commercial truck insurance, one must first be aware of their requirements. Most commercial trucking insurance providers are prominent ones, such as Progressive, All-State, and The Hartford. These can be used for commercial trucking insurance as they provide liability and personal injury insurance, among others. Dig in as we dive into the best ones for each category.

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Best commercial truck insurance

For American Truckers Association, the best commercial truck insurance companies all depend on what the client company wants or the truck driver for single truck users. Some well-liked ones are also the top insurance providers across America and have offices all over. For others, you can be assisted with their services online, and it is even much faster than meeting with the local agents physically.

Best commercial truck insurance providers of 2023

With America having more than 3 million truck drivers, the need for commercial truck insurance came up. Luckily, there are a good number of commercial trucking insurance providers. It all depends on your needs and how you operate, and it considers factors such as your operating region, the type of cargo you transport, and your company, as well as its history.

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Best overall

For several reasons, Progressive Insurance Company is considered the best commercial truck insurance company overall. Apart from being one of America’s top 10 commercial truck insurance companies, the well-liked company offers a variety of discounts. Also, it covers a wide range of truck types and is available in all fifty states. Progressive is an effortless choice for commercial truck companies.

Best for single trucks

Sentry Insurance company is the best for single-truck use companies and offers flexible coverage options in every state. The truck insurance company provides personalized services that focus solely on single-truck customers. Sentry is on the smaller side of trucking insurance carriers and currently insures over 37,000 truckers. However, the insurance provider barely has an online presence and therefore demands that clients meet with a local agent.

Best for fleets

The Hartford Financial Services Group is an auto insurance company popular among truck drivers. The company, commonly known as The Hartford, is well-liked by commercial fleet truck insurance seekers for its fleet-based discounts and programs. Moreover, they have numerous complimentary covers for insurance commercial trucks where you can purchase general liability, property, and excess liability coverage. Hartford’s Fleet Ahead management program assists in integrating risk management with technology, which allows you to reduce loss while ensuring the driver’s safety.

Best value

CoverWallet is one of the most affordable truck and semi-truck insurance companies, with monthly coves starting from $125. Besides having several coverage options for an expansive range of trucks, they have a robust online presence that could serve you in minutes. CoverWallet covers general liability, physical damage, non-trucking liability, cargo, and hired and non-owned auto. Also, they provide policies for lousy credit and record drivers.

Best customer service

The trucker’s insurance company with the best customer service is State Farm. Former customers have frequently put out high satisfaction ratings for the commercial truck insurance company. Companies can purchase a fleet of commercial trucks through State Farm or just one. Furthermore, the respectable company offers liability, collision, comprehensive, personal injury protection (PIP), medical payments, and uninsured and underinsured motorist coverage.

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Frequently asked questions about best commercial truck insurance

What is meant by commercial insurance?

It is also known as business insurance, aiming to cushion your business against common risks. They include client lawsuits, employee injuries, and property theft or damage.

Does Geico cover Door Dash drivers?

GEICO provides a hybrid type of cover for Door Dash. It covers them anytime in their car, whether for personal use or when doing deliveries.

Who is insured under a commercial auto policy?

The policy insures the car driver, a permitted driver, and the company insured. However, the authorized driver has to have permission from the insured company or car user.

What is truck liability insurance?

It is a policy that ensures all possible damages are covered. They include bodily injury, property damage, personal injury, and advertising injury liability.

When looking for the best commercial truck insurance, needs can vary based on factors such as the size of your fleet, your operating region, and your company’s history. Therefore, conducting proper research and choosing an insurance provider that best aligns with your unique requirements is crucial.

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